Apple has done several acquisitions recently but if the rumors hold any water, but this would be Apple’s largest acquisition so far, and to confirm these rumors other sources like The Wall Street Journal, , Bloomberg, and Recode have also reported that the deal will be done as soon has net week.

iTunes and Beats could clash

So why could Apple buy Beats? Isn’t Apple satisfied with its iTunes app? Won’t iTunes and Beats clash? Those are some of the questions every one seems to be asking. For starters, Beats’ streaming music service directly competes with Apple’s iTunes Radio partly by offering playlists curated by celebrities and musicians. The only difference is that Beats requires a paid plan that gives users unlimited access to that entire streaming music catalog. And we are sure Apple would want a piece of that cake too since it directly taps into Android devices as well and this would that would complement its own free service.

Beats was co-founded in 2008 by music mogul Jimmy Iovine and rapper Dr. Dre, and initially only made headphones manufactured by Monster Cable. It later began producing its own hardware, including noise-cancelling headphones and its recent cool looking Beats Pill Bluetooth speaker.

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